MICROSOFT STATEMENT
‘Deer in the headlights’: How ex-Nvidia CEO Jensen Huang reacted when successor Colette Kress questioned his AI bets
Nvidia's leadership transition has put interim CEO Colette Kress in the spotlight following Jensen Huang's sudden resignation amid reports of multiple alleged affairs. Months before his exit, Kress reportedly challenged Huang's aggressive AI financing strategy, prompting him to question her leadership abilities and describe her as “a deer in the headlights.”
Jensen Huang built the company that powers AI. Now Nvidia must find a way forward without him
Nvidia CEO Jensen Huang has resigned following weeks of controversy over alleged extramarital affairs and his links to a woman suspected of spying for China. His departure leaves the AI chipmaker facing leadership uncertainty, investigations and questions over national security, while Colette Kress takes charge as interim chief executive.
Microsoft outlook outage: Reason why are Outlook, Microsoft 365 down today, OpenAI, Anthropic AI services hit too
Microsoft said earlier in the day it had fixed a Teams disruption affecting users in North America.
Microsoft Outlook Outage: Is email client down? Here's issues, regions, error message, Downdetector data and Microsoft statement
Microsoft Outlook users have reported an outage on Thursday. Thousands of users have been facing issues with their email accounts. Downdetector has shown that over 65,000 outage reports have been made. People have been reporting empty inboxes, frozen screens and a 'Failed to fetch' error message while trying to send emails.
Microsoft Outlook down today? Downdetector reports surge as North and South American users face email access problems
Microsoft Outlook users are facing widespread email disruptions, with Downdetector recording over 130,000 reports. Microsoft is investigating Exchange Online connectivity issues affecting inbox access, logins and email delivery. The outage has also triggered complaints about Microsoft 365 services, including Teams, leaving users awaiting a full restoration.
The man in the leather jacket is gone, but new risk haunts AI firms
Jensen Huang abruptly resigned as Nvidia CEO after 33 years following reports of extramarital affairs, including one with a suspected Chinese intelligence asset. CFO Colette Kress is interim CEO. Huang’s exit exposes severe "key person risk" and geopolitical vulnerabilities across the AI industry, highlighting the dangers of concentrating sensitive technological knowledge, political influence, and leadership in single founders.
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Early bet, massive payoff: Anthropic IPO may value Krishna Rao's equity stake at Rs 6,600 crore, up 57 times
Anthropic CFO Krishna Rao's equity holding could reach Rs 6,600 crore at the proposed IPO midpoint of $74 per share. The Claude maker targets up to $90.4 billion fundraising, with valuation potentially reaching $1.4 trillion.
US stocks: Nvidia shares plunge 13% after Jensen Huang quits as CEO; Colette Kress named interim chief
Nvidia shares plunged 13% after co-founder Jensen Huang resigned as CEO and board member with immediate effect. CFO Colette Kress was named interim chief executive while the board searches for a permanent successor, with Harvey C. Jones appointed Nvidia’s first independent board chair.
AI boom powers Siemens to record annual profit
German engineering giant Siemens posted record annual profit on Thursday and said it saw growth ahead as the artificial intelligence boom sweeps up European companies in its supply chain. Siemens said it expected further growth in the current business year, guiding for sales growth of between nine and 11 percent across the company as well as broadly stable or higher profit margins at its two biggest divisions.
CoreWeave beats quarterly revenue estimates as AI demand defies growing doubts
CoreWeave reported revenue of $3.66 billion for the third quarter ended September, up from $1.37 billion a year earlier, compared with analysts' average estimate of $3.55 billion, according to data compiled by LSEG.
Anthropic eyes $1.4 trillion valuation in blockbuster IPO, targets up to $90.4 billion in fundraising
Anthropic is targeting a fully diluted $1.4 trillion valuation through its proposed IPO, seeking up to $64.35 billion. Combined with a $26 billion private placement, fundraising could reach $90.4 billion amid rising infrastructure costs and competition.
Jensen Huang's price of secret affair: NVIDIA CEO loses $7.4 billion in 30 minutes, drops 2 spots in top 10 richest list
Nvidia CEO Jensen Huang lost an estimated $7.4 billion in net worth, and slipped two spots to number 10 on Forbes' billionaire rankings, all in a span of 30 minutes. The AI-chips revolutionary admitted Monday to having an affair with a Singapore-based executive alleged to be a Chinese spy. Nvidia has done business with the firm, and a probe into the repationship is underway in the United States.
Bill Gates, Jeff Bezos to the Coldplay Kiss Cam: Nvidia CEO Jensen Huang’s extramarital affair not the first involving a top executive to shake the tech corporate world
Nvidia's CEO, Jensen Huang, has publicly acknowledged his extramarital affair involving a business executive tied to espionage activities for Beijing. This revelation has spurred an investigation by Nvidia's board, reflecting a broader issue in the tech sector where executives are often scrutinized for personal entanglements. Similar controversies at companies like McDonald's and Intel emphasize the critical need for corporate policies to address workplace relationships responsibly.
Trump replaces Susie Wiles with Stephen Miller as White House chief of staff after GOP's midterm defeat
Stephen Miller has been appointed as White House chief of staff following Susie Wiles' resignation after the midterm elections. Wiles served admirably and will remain involved with Trump's political organization despite her departure. Miller, a key figure behind Trump's strict immigration policies, now faces increased scrutiny from a Democratic Congress. Wiles had a notable tenure, characterized by disciplined campaign leadership despite personal health challenges.
Google extends voluntary buyout offers to employees in several countries
The move comes amid mounting AI spending that has unnerved Wall Street and dented Alphabet's stock price. Microsoft last week offered voluntary buyouts to 60,000 employees in an effort to contain costs. Alphabet's workforce has grown steadily in recent quarters, but it has sought to shift resources toward priority areas.
Apple beats sales and profit expectations but AI costs weigh on holiday sales
Apple exceeded analysts' expectations for its latest results on Monday when the iPhone-maker said it notched a "revenue record" for the July-September quarter, driven by iPhone sales and services revenue, but increased costs related to AI will drag down margins. This includes primarily the impact of higher memory costs, as well as some costs related to the ramp of Siri AI," Parekh said.
Amazon cloud business accelerates but shares drop on profit miss
Amazon experienced a notable decline of over seven percent in its shares following the release of its quarterly earnings, which failed to meet analyst forecasts. The tech giant reported a total revenue of $201.9 billion, revealing struggles across multiple sectors. Nonetheless, the growth of its AWS cloud division stood out as a silver lining.
Microsoft beats expectations fueled by Azure cloud business
Microsoft has unveiled its impressive financial performance, reporting a revenue of $92.3 billion and profits soaring past $36.6 billion. The Azure cloud services experienced a remarkable growth of 48%, driven by an increasing demand for AI technologies. In a strategic move, the company has offered voluntary buyouts to 60,000 employees while continuing to innovate hardware aimed at enhancing AI capabilities.
Google misses Wall Street expectations, Alphabet stock sinks in early after-hours trading
The Mountain View, California-based company said its net income was $26.17 billion in the July-September period. That's down from $34.98 billion in the same period a year earlier.
Microsoft beats expectations fueled by Azure cloud business
Microsoft shares popped more than five percent Wednesday afternoon after it reported better than expected revenue and profit, fueled by its Azure cloud computing division which grew by 48 percent in the September quarter. However, Google on Wednesday reported that revenue from its cloud division doubled to $30.7 billion during the quarter, bringing it closer to Microsoft's Azure revenue, which reached $33.2 billion in the same period.
US midterms 2026: Where Indian-American candidates stand on immigration
As the 2026 midterm elections draw near, Indian-American candidates are stepping into the intricate sphere of immigration discussions within the U.S. The different positions taken by these candidates shed light on pressing concerns for Indian professionals, addressing everything from stringent border policies to frustrating green card delays.
byteXL strengthens leadership team to fuel AI and skilling push
byteXL has appointed four senior executives across operations, business, strategy and finance as it prepares to scale its institutional network from 40 to 120 colleges and reach 500,000 students over the next two years. The company is also expanding programmes in AI, GCCs, electric vehicles, semiconductors and precision engineering as it shifts towards a deeper technology focus.
Satya Nadella owns only a tiny stake in Microsoft; how the CEO built an estimated $1.4 billion fortune
Satya Nadella’s $1.4 billion fortune did not come from owning a large part of Microsoft. The CEO built his wealth mainly through company shares, bonuses and salary over the years. While his personal stake remains small, Microsoft’s growth under his leadership has made him one of the wealthiest executives in technology. Here’s how his compensation helped build his fortune.
Kylian Mbappe apologises to China over Mao Zedong remark, loses brand deals after dictator meme controversy; what did Real Madrid star say?
Mbappe has now issued an apology amid fierce backlash. The French star said his words were 'ill-judged,' and said it was 'absolutely not my intention' to hurt the sentiments of China and the Chinese communities around the world. Spain's La Liga also issued an apology and said it deeply regrets the offence that Mbappe's recent comments have caused.
IIM Calcutta summer placements see 475 students secure 546 offers from 156 companies
IIM Calcutta has completed the summer placements for its 63rd MBA batch, attaining incredible success. A remarkable 475 students have secured jobs, with consulting roles leading the way, supported by offers in finance and general management. Furthermore, numerous first-time participating companies expressed their intent to hire. This success is a testament to the institute's esteemed reputation and strong connections in the industry.
'I am so torn on what to do': Microsoft employee returning from maternity leave offered voluntary exit, turns to internet for advice
A Microsoft employee in Canada says she was offered a voluntary exit package worth around 10 months of pay just before her maternity leave ends. With nearly a decade at the company, plans for another child and concerns about layoffs and remote job opportunities, she sought advice online. Respondents discussed severance, savings, job searches and the risks of staying.
Microsoft offers voluntary exits to 60,000 employees: What's in it, who qualifies and will India’s 23,000-strong workforce be impacted?
Microsoft has introduced a voluntary exit offer for eligible employees in India, the US, the UK and Canada, covering around 60,000 workers globally. The programme offers financial support and career transition services, but India's share remains unclear. The announcement comes amid US scrutiny of Microsoft's foreign-worker visa practices.
Walter Koenig dies at 90: ‘Star Trek’ actor won 2026 acting award for short film 'Mr. Fleischmann' months before death
Walter Koenig, the American actor best known for playing Pavel Chekov in the ‘Star Trek’ television series and films, has died at 90. He also earned recognition for his role as Alfred Bester in ‘Babylon 5’ and built a diverse career as a writer, director, author and acting teacher. Just a few months before his death, Walter Koenig was honored for his short film Mr. Fleischmann
US Stock Market prediction: S&P 500, Nasdaq, Dow Jones look to rebound as Wall Street investors set to be driven by a few factors, top stocks to follow
US Stock Market today: Investors also have their focus trained on the US midterm elections on November 3, with growing bets that the Democrats will wrest control of the US Congress away from President Donald Trump's Republican party.
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